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To: GST who wrote (33967)1/9/1999 11:08:00 PM
From: robert duke  Read Replies (1) | Respond to of 164684
 
Does anyone know what the after hours trading was?



To: GST who wrote (33967)1/10/1999 12:19:00 PM
From: tonyt  Read Replies (3) | Respond to of 164684
 
> In fast market conditions, a market order is a blank check which
> says 'get me in at any price'. You would have to say you did not
> know that and were not informed.

Fast or slow, a 'market order' says 'get me in (or out) at any price'. How could anyone say that they do not know this? If they can, then they should do us all a favor and leave the market. (Is there a "Stock Trading for Dummies" book available?)

The only real 'defense' is how long it took to make the buy. If I put in a mkt order when the stock is at $160 and it gets filled 20 minutes later at $200, well, then the complaint is valid if my market orders usually only take 1 minute -- and the complaint is not why it was filled at $200, but how it took 20 minutes to fill a market order.

Every novice knows what a market order and a limit order is.